Whether its homecare, pharmaceuticals or conventional healthcare, the medical gases business has been one of the stronger pillars for industrial gas growth in recent years, against a backdrop of economic and industrial headwinds.
Since the price of oil began to plunge in earnest in summer 2014, related markets the world over have been plunged into similar turbulence. Though periods of relative stability have been experienced, high uncertainty in the crude oil price outlook – and investment uncertainty across various projects – has prevailed.
At the same time, the global steel business has been the source of much consternation itself, with a flooded marketplace, cheapened product, and high-profile plant closures.
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